@blueskysNE@Strive Yeah hard to say. I’m just feeding off what I view on the latest True North episode. But I feel like a rate increase is just a signal to the market that they’ll protect their jewel which is sata. Interesting to see how it’ll play out
@blueskysNE@Strive And it's cheaper than atm and using reserve funds to send a signal to the market that they are committed to keeping the instrument around par
@blueskysNE@Strive Strive is a bold company. The variable rate is a tool and I think they want to see if raising it draws in more volume. They could do nothing but they’re smart and probably like the see what data they can get from this decision